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Sony to lay off 2,000 workers, close a digital imaging factory
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Sony has announced that it will lay off about 2,000 employees by the end of 2012, including a 20% staff reduction at the company's Tokyo headquarters and 20% from its Home Entertainment and Sound Business Group. The decision is part of a plan revealed earlier this year...
Sony reports $2.1 billion quarterly loss, $2.9 billion annual loss looming
- Sony has posted a $2.1 billion net loss for the quarter ending December 31 and more than doubled their projected loss for the full year concluding in March. The once-strong Japanese electronics giant was up against a strong yen, weak…
Sony's Kazuo Hirai will replace Stringer as CEO
- Sony has confirmed that PlayStation veteran Kazuo Hirai will be promoted to chief executive, replacing current CEO Sir Howard Stringer effective April 1. Stringer will become chairman of the company's board in June. The move comes as the electronics and…
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